Bank Of India Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for Bank Of India Jalandhar Jalandhar Punjab

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MICR Code
Bank Bank Of India
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amo Jalandhar
Contact 5023100
Bank Details Bank Of India Amo Jalandhar BKID0007910
Location Jalandhar, Jalandhar
City Jalandhar
District Jalandhar
State Punjab
Pincode 144022
Country IN
Address 7 jain buiding garha road jalandhar inside bank of india garha branch 144022
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Amo Jalandhar branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of BOI, Amo Jalandhar branch makes the system almost error free and faster. Use of BOI MICR codes for Amo Jalandhar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for Bank Of India Amo Jalandhar

Bank Of India MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BOI MICR code for Amo Jalandhar is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Bank Of India for Amo Jalandhar branch. MICR code for Amo Jalandhar branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for BOI Amo Jalandhar is presented in the table alongside.

Use of BOI MICR code for Amo Jalandhar branch in jalandhar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Amo Jalandhar and BOI bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Bank Of India is typically in either of these two font’s: E-138 and CMC-7.

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